TREND REVERSAL IN CYIENT LTD-- EDUCATIONAL PURPOSE

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TREND REVERSAL IN CYIENT LTD-- EDUCATIONAL PURPOSECyient LimitedNSE:CYIENTmgvirus1Cyient (formerly Infotech Enterprises Limited) is an Indian multinational technology company that is focused on engineering, manufacturing, data analytics, and networks and operations. Infotech Enterprises Ltd. was established in 1991 in Hyderabad. Stock made high of 2287 in December 2023, after that it crashed and came down to 750.30 in Mar 2026 i.e.-68% correction in 2 years and 3 months. Then stock entered consolidation phase and now breakout is seen with higher high higher low formation this week. This indicates initiation of uptrend and could be the possible turnaround in the stock. Increase in the volumes also support the turnaround. It has potential to grow and continue the momentum. Long position can be initiated at re test level 990. TARGET : 3973 (290%) STOP LOSS : 750 ON WEEKLY CLOSING BASIS (-24%) RR RATIO : 1:12 TIME HORIZON : 10 YEARS ( TILL AUG 3036) ONLY FOR INVESTMENT PURSPECTIVE, NOT FOR SHORT TERM TRADING